Nutanix, Inc. Reports Earnings Results for the First Quarter Ended October 31, 2021
November 23, 2021 at 04:06 pm EST
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Nutanix, Inc. reported earnings results for the first quarter ended October 31, 2021. For the first quarter, the company reported revenue was USD 378.52 million compared to USD 312.75 million a year ago. Net loss was USD 419.85 million compared to USD 265.05 million a year ago. Basic loss per share from continuing operations was USD 1.95 compared to USD 1.31 a year ago.
Nutanix, Inc. provides an enterprise cloud platform, Nutanix Cloud, which consists of software solutions and cloud services. The Company's solutions deliver a consistent cloud operating model across edge, private-, hybrid- and multi cloud environments for all applications and their data. Its solutions allow organizations to simply run and move their workloads, including enterprise applications, databases, end user computing and virtual desktop infrastructure (VDI) services, container-based modern applications, and analytics applications, between on-premises and public clouds. It operates a subscription-based business model to provide its customers to choose the licensing. The Companyâs Nutanix Cloud Infrastructure (NCI) offers hybrid cloud infrastructure combine its core Hyperconverged Infrastructure (HCI) software stack (AOS), native, enterprise-grade hypervisor (AHV), virtual networking, disaster recovery, network and data security and Kubernetes container runtime.
NUTANIX, INC. 
